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WoodlandHills-based ReachLocal , the provider of online marketing services for small and medium sized businesses, said today that it has launched a new product called ReachCast. The firm said the product is a result of its acquisition of SMB:Live back in February. Pricing on the new offering was not disclosed. READ MORE>>.
WoodlandHills-based Key Information Systems said Friday morning that it has acquired IT colocation and hosting company ISWest. Financial terms of the acquisition were not announced. datacenter hosting integrator integration system colocation iswest acquisition merger keyinfo systems information' READ MORE>>.
WoodlandHills-based ReachLocal is being acquired by publishing giant Gannett Co. , VantagePoint Venture Partners and Rho Ventures--who own approximately 40% of ReachLocal--said it had agreed to tender their shares to Gannett as part of the acquisition deal. ReachLocal said Gannett would pay $4.60 READ MORE>>.
WoodlandHills-based ReachLocal announced Friday that it has acquired SMB:LIVE , a developer of digital presence and reputation management products for the small and medium sized business market. Financial terms of the acquisition were not disclosed. READ MORE>>.
WoodlandHills-based ReachLocal 's acquisition of digital presence and reputation management firm SMB:LIVE was worth $8.8M, in a combination of cash and stock. Tags: reachlocal live merger acquisition local advertising. According to ReachLocal, it paid $2.8M in cash for SMB:LIVE, assumed $0.8M The firm said that $4.7M
WoodlandHills-based ReachLocal said Tuesday afternoon that it is acquiring New York-based DealOn.com , a provider of daily deals. ReachLocal said it would pay approximately $10M for DealOn Media LLC, which offers up local deals businesses in 18 markets across the U.S.,
WoodlandHills-based ReachLocal , the provider of local online marketing services for small and medium sized businesses, reported its results Tuesday, saying that it had $77.1M The firm's net income last year in Q3 was boosted by a one-time gain related to the acquisition of its Australian subsidiary. in revenues. to $291.5M.
WoodlandHills-based ReachLocal , which operates an online marketing service targeted at local businesses, is announcing today that it has purchase the remaining interest in the firm's Australian joint venture partner, Netus Pty Ltd. No financial details of the acquisition were disclosed. READ MORE>>.
WoodlandHills-based ReachLocal has updated its IPO pricing range, indicating this week in an updated S-1 that it expects the initial pricing of its IPO to be between $17.00 Tags: reachlocal merger acquisition local advertising. and $19.00 The firm is looking to IPO on the Nasdaq Global Market as RLOC. READ MORE>>.
WoodlandHills-based online local online marketing provider ReachLocal is bragging today that it has signed up 1,000 clients for its new ReachEdge marketing automation product. The product had been launched in September of 2013. READ MORE>>. reachlocal marketing automation customers leads software'
WoodlandHills-based ReachLocal , which helps run local, online marketing efforts for small and medium sized businesses, said today that it has acquired a divisio of a New Zealand company, the SME division of SureFire Search Limied. Financial terms of the acquisition deal were not announced. READ MORE>>.
Financial software provider Intuit has sold its Intuit Financial Services business--which is based in WoodlandHills--to private equity firm Thoma Bravo. intuit financial services merger acquisition finance software mobile banking' Intuit had acquired Digital Insight back in 2006, for $1.35 READ MORE>>.
So far, two companies-- WoodlandHills-based ReachLocal , which completed its IPO in May, and Carlsbad-based Maxlinear , which hit the markets in March, have had successful IPOs. Tags: merger acquisition.
WoodlandHills-based United Online said this morning that it has acquired schoolFeed , a startup developing a Facebook app which connects people via their high school graduating class. Financial terms of the deal were not disclosed. READ MORE>>.
WoodlandHills-based ReachLocal filed for an IPO this morning, saying that it is looking to raise up to $100M. Tags: reachlocal local advertising merger acquisition. The firm's IPO is being underwritten by J.P. Morgan, BofA Merrill Lynch, citi, Piper Jaffray, Needham & Company, and Broadpoint.Gleacher. READ MORE>>.
Financial terms of the acquisition were not announced. Wilcon said its network now connects Los Angeles, Burbank, Pasadena, Santa Monica, WoodlandHills, Thousand Oaks, Santa Clarita, Long Beach, Irvine, Riverside, Carlsbad and San Diego. READ MORE>>.
WoodlandHills-based United Online said this morning that it is expecting a delay as it hopes to spin off flower delivery service FTD. united online netzero spinoff merger acquisition internet access communications approval regulatory' United Online bought FTD back in 2008. READ MORE>>.
WoodlandHills-based ReachLocal priced its IPO last night at $13.00 Tags: reachlocal merger acquisition rloc. per share, according to filings with the SEC this morning, netting the firm $54.1M. The firm, which will list on the Nasdaq Global Select Market as RLOC, said it sold 4,166,667 of its common shares in the offering.
WoodlandHills-based CrowdGather , which operates an online network of discussions groups and forums, said today that it is in a definitive agreement to buy the technical assets of Lefora , a firm which operates online user forums. Crowdgather said the acquisition it its third major buy this year.
Firms which have successfully reached the public markets include Pasadena's Green Dot , Beverly Hills-based RealD , WoodlandHills-based ReachLocal , Carlsbad-based MaxLinear , and Pasadena-based Genmark Diagnostics. Tags: southern california initial public offering exit merger acquisition.
That is on top of the many Southern California firms who have recently had a successful IPO, including Monrovia-based Green Dot , Beverly Hills-based RealD , San Diego-based MaxLinear , and WoodlandHills-based ReachLocal. Tags: internet brands growth merger acquisition private. READ MORE>>.
which has substantial operations in Westlake Village, Beverly Hills-based RealD , Monrovia-based Green Dot , and WoodlandHills-based ReachLocal. Other recent IPOs with Southern California roots include Inphi Corp.
RealD joins WoodlandHills-based ReachLocal and Carlsbad-based MaxLinear among the list of local firms with a successful IPO this year. Tags: financing public market acquisition merger reald. RealD said last night that it had priced its IPO at $16.00, and is selling 12.5M shares of its common stock.
Earlier this week, WoodlandHills-based ReachLocal (www.reachlocal.com), which helps small and medium sized businesses place online ads, announced a deal to buy daily deals site DealOn.com. So what is the strategy behind the acquisition, and how do you see this fitting into the daily deals area?
WoodlandHills-based United Online announced this morning that it has successfully spuin off FTD , via a distribution of FTD common stock. united online netzero spinoff merger acquisition' The company also said it has completed a one-for-seven reverse stock split of its shares. READ MORE>>.
WoodlandHills-based ReachLocal , which helps small and local businesses place Internet advertising, was up 15.2 Tags: reachlocal advertising small business exit merger acquisition. percent after its IPO Thursday, closing at $14.98, up $1.98. The firm sold 4,166,667 shares of stock at $13.00 during the day. READ MORE>>.
DealOn , the developer of white label group buying software which was acquired by WoodlandHills-based ReachLocal , has just been sued over patent infringement by group buying site Tippr. ReachLocal announced its acquisition of New York-based DealOn on February 15th. According to a court filing, KashLess, Inc., READ MORE>>.
Southern California appears to be on a IPO roll this month, with the pricing of Monrovia-based Green Dot 's IPO last night and expected trading today, following the successful IPO of Beverly Hills-based RealD last Friday. Tags: southern california merger acquisition gdot reald.
WoodlandHills-based United Online announced Thursday that it now expects its spinoff of flower delivery service FTD by October 1st. united online netzero spinoff merger acquisition internet access communications spring' Financial details of those deals were not announced. READ MORE>>.
WoodlandHills-based ReachLocal , the digital marketing service now owned by Gannett Co. , Financial terms of the acquisition were not announced. said the acquisition will help it accelerate its product roadmap and expand the ReachLocal digital marketing suite of products. has acquired SweetIQ Analytics Corp. ,
WoodlandHills-based United Online said this morning that it has received an unsolicited, takeover offer from Los Angeles-based B. In a letter to United Online's management, which was filed with the SEC, B. Riley said it now owns 7.9% of the outstanding shares of United Online, and is proposing to pay $12.50
WoodlandHills-based United Online , the hybrid Internet Service Provider and flower delivery service (via FTD), reported yesterday in its quarterly results that it now expects to spin off FTD as an independent, publicly traded company by August of 2013.
WoodlandHills-based BlackLine Systems has filed for an IPO, saying in an S-1 filing that it is looking to raise up to $100M in an IPO on the NASDAQ Global Select Market as BL. The IPO is being underwritten by Goldman, Sachs & Co., Morgan, Pacific Crest Securities, Raymond James, William Blair, and Baird.
WoodlandHills-based Hollywood Software , a developer of enterprise software used by studios, independent movie distributors, and exhibitors to run their distribution and exhibition businesses, said it has acquired Digital Cinema Systems, Inc. , a provider of motion picture playback systems. READ MORE>>.
WoodlandHills-based ReachLocal said Monday that it has named two new executives, hiring Paras Maniar as the company''s new Chief Strategy Officer, and Megan Opp as the company''s new Chief People Officer. Opp was previously Senior Vice President of Human Resources for Conversant. READ MORE>>.
The IPO of WoodlandHills-based BlackLine Systems , the developer of accounting and financial close software for the enterprise market, looks to be targeted for next Friday, October 28th, according to the NASDAQ IPO Calendar. The IPO date would infer pricing of BlackLine's IPO on Thurday, October 27th. and $15.00
Some of the early investors in WoodlandHills-based accounting software developer BlackLine are looking for some liquidity from their investments, more than a year since BlackLine's October 2016 IPO, and plan to sell around 4,500,000 shares of their stock.
WoodlandHills-based BlackLine Software , the developer of accounting close software, soared in its IPO debut on Friday, and was trading up more than 45 percent in morning trading on the NASDAQ Global Select Market. BlackLine was trading around $24.79 at around 12:50PM EDT, up $7.79 from its IPO debut price of $17.00 per share.
WoodlandHills-based United Online announced this morning that it has embarked an a "review of strategic alternatives", including the potential sale of the company or sales of its assets, after an unsolicited takeover offer from B. Riley Capital Management.
WoodlandHills-based United Online has sold its StayFriends social networking site, to German company Stroer Content Group GmbH , the company said Thursday afternoon. United Online said it will receive 16.0 million euros ($18.3M US) for StayFriends.
WoodlandHills-based United Online said this morning that it has sold its Classmates subsidiary, to Intelius Holdings , for a mere $30M in cash. According to United Online, the sale is a "great outcome" for the company, and will allow it to add additional capital to its other existing businesses.
WoodlandHills-based accounting software maker BlackLine Systems has moved one step closer to its IPO, saying this morning in a regulatory filing that it is expecting its IPO to price at betwen $13.00 and $15.00
WoodlandHills-based United Online said Wednesday afternoon that it has agreed to be acquired by B. Riley Financial , in a deal worth $170M in cash, or $11.00 According to a statement from interim CEO Jeff Goldston, the deal came after an "extensive process" to explore a "full range of strategic alternatives".
WoodlandHills-based United Online announced this morning that it has named Jeff Goldtsein as a new, interim CEO for the company, replacing Howard Phansteil. Phansteil--who had only been CEO since November 18th--has resigned, although he will continue as a director and Chairman of the Board for the company.
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